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that put big, big bets. we're lucky we have mit and caltech, but we are not at the country, the government side or the corporate side, putting those investments together and that's what i worry about. we're not investing more into it, when not going to be the ones that read the benefits. >> i think that's the question. is their net, whatever its taking place, in basic technology to support the stuff that you want to do. >> it's the case were lots of research as an economist would put a social -- the private return is insufficient to generate the private sector. and so that's why i think we have to look for more of these types of partnerships between government, industry. so one good example of this is collaboration that the federal government has with the semiconductor industry, where, so simply no amount institutions like bell labs, which created large investments in developing the first transistor, government and industry are now cosponsoring a series of university-based centers of excellence at mit and stanford and berkeley and ucla that our first alternative figure how do we take, as f
. the national economy is stagnant, and the federal government on which our state has become so dependent over the years is faltering. weighed down by $16 trillion in debt. while new mexico has seen some job gapes in certain private -- job gains in certain private sector industries, there is no question that the number of government jobs is on the decline. last year new mexico lost more than 4,800 government jobs. 400 federal jobs in a single month. on top of that, many private sector companies that contract with the federal government have seen those contracts cut costing us more jobs. unfortunately, it doesn't look like washington, d.c. is going to solve the budget problem anytime soon. it's the fault of both parties, and can it's hurting -- and it's hurting new mexicans. i am committed to working with our delegation to protect our labs and military bases fighting to avoid further cuts. our labs and our bases are not only important to new mexico, but they're critical to the security of america. however, with a federal government that is so far in debt, so dysfunctional we'd be foolish to lea
of the ethics in government act. it applies only to all nominees for senate confirmed positions, but also to all candidates in federal elected office. my comment about your request for foreign funding are also part of the record. they will be on, way beyond what ever any but has requested that i think it's not feasible in many of the request that you may, to answer them. but the question that he did ask in part d of the form we ask all nominees to fill out is the following. during the past 10 years have you or your spouse received any compensation from or involving any financial or business transaction with a foreign government or an entity controlled by foreign government? the answer is no. you have every right to make a request beyond these requests that are required by all rules, but i do think that we ought to deny a vote to a nominee because he wants, or he is decided not tnotto respond to a request whih not only goes beyond our rule but in some cases go way beyond our rules. finally, if you wish to modify the form that we ask nominees to fill out, that's well and good. we're not going to d
include an official from the government accountability office which listed several areas under dhs control in his most recent high-risk list. the report highlights government programs and agencies that may be vulnerable to fraud, waste, abuse and mismanagement or are most in need of brought before. this hearing should get underway in just a moment. live coverage here on c-span2. [inaudible conversations] >> the committee on homeland security subcommittee on oversight and management officials will come to order. the purpose of this hearing is to examine the efficiency of the department of homeland security and how wisely their spending taxpayer dollars. let me begin by extending a warm welcome to other members of the subcommittee. i'm looking forward to working with the ranking member ron barber as we both share a strong commitment to u.s. border security and ensuring our border agents receive the support that they need to protect the homeland. last september, ron and i attended the dedication ceremony of the bryant a kerry border patrol station in arizona on wrangled patrol agent brian ter
to call for higher taxes to pay for more and more government spending. i don't believe the president acknowledges or at least he didn't last evening, the seriousness of our debt and fiscal crisis. we are nearly $16.5 trillion in debt, and $6 trillion of that debt is from the president's spending over the last four years. and he now has four more years to go. yet rather than tell the american people specifically how he will reduce this unsteanlt debt he pulled out the same tired playbook and made it clear his basic fiscal plan is ever-higher taxes. an almost obsession with telling the american people you're not taxed enough. when we are taxed to death practically and when you add up not just the federal but the state and the local and the sales and the excise and the gasoline and the entertainment and all the other taxes that american people pay in their daily lives that cuts into their paycheck in a very significant way each week, the real question is, is the solution to our problem more taxes on the american people? mr. president, you got your taxes. in the fiscal cliff debate you h
and defend offer security to our people. it's something that is not acceptable. this is what the government is supposed to be doing. the department of defense has absorbed almost $600 million of defense. with the sequestration and the cr problems there we are looking up to over this period of ten years a trillion dollars cut in a can't and it can't take place. mr. chairman, this hearing is critical to allow the joint chiefs to provide their frank and honest assessment about the impact to the services. the loss of capabilities or readiness in the mismatch between the resources and strategy we're going have to work together to ensure that they american people understand how serious this is. that's a reason for the hearing today. last week lead by senator ayotte, senators mccain, graham, and i introduced a bill to mitigate the impact of sequestration through the end of the fiscal year and provide the department with the for examplability to desperately needs to operate under a continuing resolution. it's not a perfect solution. it is better than doing nothing. there is a growing concern that
is when one side or the other -- which it has a perfect right to do under our system of government -- decides to try to kill a nomination by denying 60 votes or to stop legislation by 60 votes. the democrats have done it on a regular basis when they were in the minority, and the distinguished majority leader was one of the most effective persons in -- in the senate at doing that. i presided many times over the senate when he objected. i remember the -- you know, when we were trying to get 60 votes to -- to have a permanent change in the estate law and we'd get up to 57 or 58 or 59 and the distinguished majority leader would object. now, what are we doing today? we're doing today exactly what was said when the vote was called. the question was, do 60 of us believe that it's time to end debate on the nomination of the president to be secretary of defense, the leader of the largest military organization in the world, the largest employer in the united states, and the senate armed services committee has reported that recommendation to the senate two days ago? not ten days ago, not 15 d
in non-defense discretionary programs. and dd programs are core government functions provided for the benefit of all including public health and safety, law enforcement, education and job training, veterans services, medical and scientific research, weather monitoring and environmental protection, natural resources, housing and social services and transportation and infrastructure. ndd is pleased and honored to join with the aerospacaerospac e industries association and its unprecedented effort to stop sequestration and find a balanced approach to deficit reduction that does not include further cuts to discretionary programs. both defense and non-defense programs are equally critical to economic growth and the safety and security of our nation. these discretionary programs are not the reason for our growing debt and yet so far they have been the only place lawmakers have been willing to cut by $1.5 trillion today. non-defense programs alone have been cut a $900 billion bringing spending on these programs to levels not seen since eisenhower was president. as we saw from the whi
, you know, we've got, we've got socialistic governments all over the world. if that's what you want, please, get on a plane and go there and live. >> host: so, june -- >> caller: we have got to get our country under control. >> host: so, june, do you think republicans should hold that line and let sequestration happen if they, if democrats will not agree to spending cuts? >> caller: well, they're not going to agree to spending cuts. they have all of the press, and it is spun every day. we hear nothing on the media about the fact that we are taxed too much. >> host: okay. >> caller: so they've got no reason to give in. they've got a president who wants to turn us into a third world country with all this taxing and redistribution of wealth. we've run out of wealth, by the way, it's just redistribution the crumbs on the table. and it's just too much. >> host: all right, june. let's listen to what nancy pelosi had to say. she was on the sunday talk shows yesterday, and here's what she had to say on this issue of a spending problem in washington. >> so it is almost a false argument to sa
governments, even when the current level of the federal funds rate cannot be lowered. the fomc's substantially expanded its forward guidance in recent years. in 2009, the committee stated that the economic conditions are likely to warrant conceptually low levels of the federal funds rate for an extended period. and 2011, the fomc said this period would likely last at least through mid-2013, and then extended the state guidance several times. a disadvantage of this calendar-based approach was that it might not be clear whether changes in the date reflect changes in the fomc is outlook for growth, for inflation, or a shift in the desired stance of policy. so last december the fomc replaced the date with greater detail on its economic conditions that would warrant maintaining the federal funds rate at its present exceptionally low levels. specifically, it stated that near zero rates would like to remain appropriate for a considerable time after the asset purchase program ends, and at least as long as the unemployment rate remains above 6.5%. inflation between one and two years ahead as projected,
which will depend on many things but in part on negotiations with the government of afghanistan over a legal protection for the troops. the president has made clear that the missions of any residual u.s. military presence in afghanistan after 2014 will be limited to counterterrorism operations and tracing to the training and advising forces. general austin would bring exceptional experience overseeing this transition having commanded u.s. forces in iraq during the reduction of u.s. forces and equipment from iraq. just this past weekend, the forces in afghanistan have had a change of command with, excuse me, joseph replacing general john allen as the commander of the international security assistant forces and commander u.s. forces afghanistan. i want to take this opportunity to see three general ellen for your thoughtful and devoted leadership and afghanistan for his forthrightness and interactions and the rest of the members of the committee. when senator reid and i visited afghanistan and january we saw the signs of progress including the afghan security forces increasingly taking
, the federal government spent $223 billion in interest payments alone. that means we're spending more on interest on the national debt each month than we spend in an entire year on naval shipbuilding and the coast guard budget. just think about that. the interest payment in one month exceeds the entire coast guard budget and the entire budget for shipbuilding in the navy. and the estimates are by the middle of this decade, not some distant year, our interest payments to china, our largest foreign creditor, at $1.2 trillion will be covering the entire cost of that communist country's military. think of the horrific irony of that. at the same time that america is bound by treaties to defend our allies in asia against chinese aggression, the american taxpayers are bankrolling the threat through the interest payments that we are paying to the chinese. now, mr. president, neither the senator from new hampshire or i are saying that the pentagon should be exempt from budget scrutiny or even future cuts, but the disproportionate impact that sequestration would have on our troops, on our natio
would be used to get the spending under control and the government under control. that is one of the reasons i think the republicans are so loath to raise taxes. the fiscal calamity is primarily driven by the exponential growth of entitlement spending. we know that is a problem. you know it is a problem. second, there are economic costs to the tax increases. tax something, labour capital, entrepreneur should come and you are going to get less of it. they are impractical what mr. the design a tax increases on whatever the unpopular group is that's targeted if so like i say these are problems we as republicans have and their legitimate concerns and i'm sure you have legitimate concerns about these things as well as we do frankly you've done very well today and i have a great deal of respect for you. it's not easy to get a lot of times and service as a stafford and then a director of omb and top staff and the white house. people like you that give yourself to the government and i have great respect for your wife and your daughter and your family, too. it's tough. >> i think we do
colleagues on this side of the aisle. that amendment would require the federal government to balance its budget each and every year. is that such a crazy idea? well, no, it's what every family has to do. that's what every small business has to do and that's what 49 states are required to do under their laws. this amendment to the constitution, it would be the 28th amendment to the constitution including the first ten which of course are our bill of rights, it would require a congressional supermajority to raise taxes or to raise the debt ceiling. as i said what moment ago, families roos america have to balance their budgets and, of course, along with the budget brings the discipline of deciding what your priorities are, the things you have to have and can't live without, the things you want but have to defer and then the things maybe you'd like to have but you simply can't afford. well, this number right here, 1,387 days since the senate passed a budget, is one reason why our debt continues to go up by leaps and bounds, and there's no plan in sight to bring it under control. here's the b
and they want to show their loyalty. the problem is what does the government do because it is responsible for these when you have a flawed president. >>> facebook cofounder chris hughes recently discussed digital journalism and trends in social media. he's the publisher and editor-in-chief at the new republicans book about the evolution of the digital age and how media organizations can better engage online consumers. this is hosted by the harvard can be school on the press, politics and public policy. >> hello. i'm alex jones, director of the shorenstein center here at the kennedy school of government at harvard and we are glad to have you all with us today. it is my particular pleasure to welcome chris hughes to the ranks of the world which he may be a digital god but because of the new republic he's entered a world that is also one stooped in tradition. today's interview and conversation is going to be recorded by c-span, so i would ask you when you come down to ask questions later, those of you that interested come to these mics. the hash tag if you are falling on trotter is -- follow
Search Results 0 to 14 of about 15